Banking industry

CIBC sees profit dip as it set aside loan-loss provisions

In wealth management, volatility weighs on near-term growth, report to shareholders says

August 25, 2022

3 min read

National Bank reports third-quarter profit down from year ago

The bank's wealth management business earned $181 million, up 10% from $164 million a year ago

By Staff, with files from The Canadian Press |August 24, 2022

2 min read

RBC reports Q3 profit down from year ago as it prepares for potential recession ahead

Wealth management operations earned $777 million in Q3, up year-over-year from $744 million

By Ian Bickis, The Canadian Press |August 24, 2022

4 min read

Scotiabank reports Q3 profit as lending grows

Weak financial markets pushed down wealth management revenue

By Ian Bickis, The Canadian Press |August 23, 2022

3 min read